Post
Topic
Board Speculation
Re: Short term bullish run is now over, and it was most likely a failed rally
by
Leon83
on 26/01/2020, 11:53:40 UTC
Studying the typical 60 day cycles in past uptrends I would say a 15% pullback from $9200 is probable.
$7800 in mid february?




It's possible in mid february but every speculations and expectations in the market today is very bullish the chances for that to happen is very slim. If you're looking for a good price to buy im afraid the price today is the best suitable for accumulating more. I will not look for that $7,800 in february because it might be too late and fomo.

Good point. $8200 a couple of days ago may well be the higher low.